People And Companies News


Floatel Firms Up Accommodation Rig Contract with Brava Energia off Brazil

Feb 04, 2026

Offshore accommodation rig provider Floatel International has signed a contract with Brava Energia for its Floatel Victory unit, which will be deployed offshore Brazil.Floatel Victory will provide Maintenance and Safety Unit (MSU) services for Brava Energia…

Dajin, Zima Plan Offshore Wind Foundations Plant at Spain's Gijon Port

Feb 02, 2026

China-based offshore wind foundations manufacturer Dajin Heavy Industry and Spanish industrial group Zima Equity Investments have signed a memorandum of understanding (MoU) to jointly develop an offshore wind foundations manufacturing facility at the Port of Gijon in Asturias…

Tanzania to Sign $42B LNG Project Deal by June

Jan 28, 2026

Tanzania expects to sign before June a deal for its stalled project to construct a $42 billion liquefied natural gas (LNG) plant, a senior government minister said on Monday, with production set to start in eight years' time.Equinor and Shell are joint operators of the mega gas project…

Chevron-Led Joint Venture Discovers Hydrocarbons Offshore Nigeria

Jan 27, 2026

A joint venture between Nigeria’s state oil company Nigerian National Petroleum Company (NNPC) and Chevron Nigeria Limited (CNL) has confirmed hydrocarbons across multiple reservoir zones following the drilling of the Awodi-07 appraisal and…

BP in Trinidad and Tobago Interested in Cross-Border Opportunities with Venezuela

Jan 26, 2026

BP's head of Trinidad and Tobago said on Monday the oil and gas major is still interested in cross-border opportunities with Venezuela, despite the government in Caracas suspending all bilateral energy agreements with its neighbor last year…

Blackstone Considers $5B Sale of Beacon Offshore Energy

Jan 20, 2026

Blackstone is in talks to sell its Beacon Offshore Energy, which operates oil and gas assets in the U.S. Gulf of Mexico for more than $5 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.The asset manager has…

OMS Group Enlists Ulstein to Build Two Next-Gen Cable Layers

Jan 19, 2026

Subsea services provider OMS Group has signed contracts with Ulstein for the design and construction of two cable laying vessels (CLVs).The vessels will be designed by Ulstein Design & Solutions and constructed at Ulstein Verft, with delivery planned for 2028…

ADNOC Considering Entry Into Venezuela Gas Sector

Jan 16, 2026

Abu Dhabi state oil firm ADNOC is weighing entering Venezuela's energy industry and could seek a partnership with another international producer to participate in the nation's gas projects, Bloomberg News reported on Thursday, citing people familiar with the matter…

Chevron Greenlights Expansion of Israel’s Leviathan Gas Field

Jan 16, 2026

Chevron and its partners in the Leviathan natural gas reservoir have reached a Final Investment Decision (FID) to expand the production capacity of the strategic Leviathan production platform located offshore Israel.The Leviathan expansion project…

DNV Approves ModuSpec’s BOP Monitoring Tech for Offshore Use

Jan 15, 2026

ModuSpec, MR Group’s rig and well control equipment solutions business, has received Technology Qualification from classification society DNV for its blowout preventer (BOP) real-time monitoring capabilities, clearing the way for wider deployment…

Saudi Aramco and Commonwealth LNG Ink Long-Term Supply Deal

Jan 15, 2026

Saudi Aramco and Commonwealth LNG have signed a long-term contract for the U.S. LNG developer to supply the world's largest oil exporter with 1 million metric tonnes per annum (mtpa), three people familiar with the deal tell Reuters.The deal…

PXGEO Appoints New Technical and Operations Chiefs

Jan 14, 2026

Marine seismic company PXGEO has appointed two senior executives to strengthen its leadership team and support operational performance across its global operations.Bob Nouh has been named technical solutions director and senior vice president…

Saipem Hires EnerMech for Whiptail Subsea Job Offshore Guyana

Jan 13, 2026

Energy services firm EnerMech has secured a subsea pre-commissioning services contract by Saipem for the Whiptail development, offshore Guyana in the Stabroek Block, operated by ExxonMobil Guyana.The contract award marks EnerMech’s first project…

Ulstein Verft Launches First of Two JP Morgan’s CSOV Newbuilds

Jan 09, 2026

Norwegian shipbuilder Ulstein Verft has launched first of the two offshore wind commissioning service operation vessels (CSOVs) under construction at its yard for J.P. Morgan.On January 2, Ulstein Verft towed the CSOV yard number 322 from the dock hall to the outer dock…

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